According to Prakash Diwan of Altamount Capital Management, Escorts needs to reinvent itself in newer areas like defence or railways. He said the stock justified its rich valuations and said that is a clear vindication of the faith that people had on the stock.
Watch the interview of Sudarshan Sukhani of s2analytics.com, Rajat Bose of rajatkbose.com, Prakash Gaba of prakashgaba.com, SP Tulsian of sptulsian.com, Mayuresh Joshi of Angel Broking and Chandan Taparia of Anand Rathi Securities with Latha Venkatesh and Sonia Shenoy on CNBC-TV18.
According to SP Tulsian of sptulsian.com, Heritage Foods is a portfolio stock as it may test R 675 in next six months.